Selling a property privately in the Philippines, without the direct assistance of a real estate agent, can be an attractive option for sellers looking to save on commission fees, which typically range from 3% to 5% of the selling price. While it demands a more hands-on approach and a deeper understanding of the local market and legal procedures, it is entirely feasible. This guide will walk you through the...
Philippines
Selling property in the Philippines, whether you're a local or a foreigner residing abroad, involves a distinct set of taxes and costs that sellers must understand and budget for. While the process is generally well-defined, navigating the various governmental agencies and financial obligations requires careful planning. This comprehensive guide will detail the primary expenses involved, current tax rates...
Thinking about buying or selling overseas property this year? Now that you're ready to get out there and start making your overseas relocation intentions a reality, it's important that you... maybe get a second house/investment property... This is an excellent opportunity to take a step back and assess the current state of the global real estate market. What kind of price reductions...
Thinking of buying or selling a property in the Philippines? As far back as the Spanish-American War, Americans have had an inexplicable fascination with the Philippines. More than seven thousand islands make up this country, which is surrounded by Taiwan to the north, the Pacific Ocean to the east, Indonesia and Malaysian Borneo to the south, and the South China Sea to the west. According to the...
Due to several causes, like our tropical environment, the friendliness of the Filipino people, and fantastic financial potential, more and more foreigners are interested in purchasing real estate in the Philippines. However, there is widespread uncertainty over whether or not foreigners are allowed to legally hold property in the nation. The short answer is that foreigners can own real estate in the...